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Running head: GLOBAL SUPPLY CHAIN MANAGEMENT STRATEGY 1 Global Supply Chain Management Strategy Student’s Name University Affiliation
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2 Global Supply Chain Management Strategy Global supply chain management (GSCM) which is also known as logistics or value chain is the distribution of goods and services all over the world with the aim of minimizing waste while maximizing the profits (Christopher, 2016). No one company that can produce products and earns profits while many of those goods are wasted, and for this reason many companies and industries opt to utilize the value chain management so that to gain a broader range of customers. It is wise to note that not all the companies that utilize the supply chain management are successful, but it all depends with how well the administration organize the value chain to ensure that the products get to the customer on time. Many organizations have successfully applied the knowledge of the supply chain management and have succeeded, but for this paper, the focus will be on the Wal-Mart Inc. To start with, Wal-Mart Inc is among the
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Christopher Reinemann
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